Bitcoin Miner Hut 8 Posts $71.9M Q2 Loss Despite 72% Revenue Growth

Hut 8 sees a 72% surge in revenue thanks to its expanding hut 8 bitcoin mining and energy infrastructure operations. However, the company also reports a Q2 loss due to Bitcoin price fluctuations and new accounting standards. Here’s the latest.
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Top Crypto Gainers Today on DEXScreener – HABIBI, CATDOG, CICADA

As the broader crypto market rallies in wake of softer-than-expected US PPI inflation data that helped spur Fed rate cut bets, and amid hopes that Wednesday’s CPI data further strengthen the rate cut narrative, traders are flocking to the highly volatile on-chain micro-cap markets as they hunt for top crypto gainers today.
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